Matthews International Reaches Agreement With Barington Capital After Board Nominee Withdrawal

Reuters
2026.01.15 21:16
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Matthews International Corporation has reached an agreement with Barington Capital regarding shareholder activism ahead of its annual meeting. Barington will withdraw its director nominations as part of the agreement. Chairman Alvaro Garcia-Tunon noted that the resolution followed discussions on the company's strategic review and governance enhancements, aiming to support the interests of all shareholders.